Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRL) Stock Short Interest Report for September

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRL) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 149 shares, a decline of 40.2% from the September 15th total of 249 shares. Based on an average daily trading volume, of 2,542 shares, the short-interest ratio is presently 0.1 days.

Wheeler Real Estate Investment Trust Stock Performance

WHLRL opened at $85.00 on Friday. Wheeler Real Estate Investment Trust has a fifty-two week low of $78.00 and a fifty-two week high of $119.50. The firm has a 50-day moving average of $81.00 and a 200 day moving average of $80.49.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Wheeler Real Estate Investment Trust in a research report on Tuesday, September 1st. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Wheeler Real Estate Investment Trust Company Profile

Wheeler Real Estate Investment Trust, Inc is a self-managed real estate investment trust focused on owning and operating income-producing retail properties. The company’s portfolio has primarily consisted of grocery-anchored shopping centers, neighborhood centers and other community-oriented retail assets.

Wheeler’s properties are generally located in secondary and tertiary markets, with a historical concentration in the Mid-Atlantic and Southeastern United States. Its centers are designed to serve everyday consumer needs and typically include grocery stores, pharmacies, restaurants, service businesses and other retail tenants.

Founded in 2012, Wheeler Real Estate Investment Trust has pursued a strategy of acquiring, leasing and managing retail real estate, while working to maintain occupancy and improve the performance of its properties.